There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Argan (AGX – Research Report) and Arlo Technologies (ARLO – Research Report) with bullish sentiments.
Argan (AGX)
Lake Street analyst Robert Brown maintained a Buy rating on Argan today and set a price target of $70.00. The company’s shares closed last Thursday at $67.59, equals to its 52-week high of $67.59.
According to TipRanks.com, Brown is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Argan with a $70.00 average price target.
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Arlo Technologies (ARLO)
In a report released today, Jacob Stephan from Lake Street maintained a Buy rating on Arlo Technologies, with a price target of $17.00. The company’s shares closed last Thursday at $13.93, close to its 52-week high of $14.27.
According to TipRanks.com, Stephan is a 4-star analyst with an average return of
Currently, the analyst consensus on Arlo Technologies is a Strong Buy with an average price target of $15.92, implying a 12.4% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.
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